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Snap Already More Valuable Than Twitter, Macy's, Other Household Names
Thursday, March 2, 2017 - 3:14pm | 427Snap Inc (NYSE: SNAP)'s initial public offering, by all measures, was a success Thursday. After pricing its IPO at $17 per share the stock opened for trading at $24 and by early Thursday afternoon traded as high as $25.42, which implies the company is worth just shy of $30 billion. Even at its...
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Everything You Need To Know About Snap's IPO
Thursday, March 2, 2017 - 10:55am | 534Snap Inc, the parent company of the social media app Snapchat, will see its stock trade on the New York Stock Exchange for the first time ever on Thursday. Here is a summary of the "five Ws" that many investors are asking. Who? Snapchat is a popular social media platform initially...
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How The Biggest Tech IPOs Of The Decade Have Fared
Wednesday, March 1, 2017 - 4:20pm | 472Technology IPOs are a source of great profit or frustration for investors. This has held true over the years and is expected to hold true for Snap, Inc. as the company will become public this week. As noted by Statista, Snap's early stage investors will earn themselves a very large profit since...
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Munster, Calacanis Talk The Bull-Bear Case On Snap
Wednesday, March 1, 2017 - 2:47pm | 387Gene Munster, Wall Street analyst turned venture capitalist, and Jason Calacanis, Inside.com CEO and founder, were guests on CNBC and offered two sides of the trade ahead of Snap's initial public offering. Munster: Expensive Valuation Munster started off with the bear side of the trade and...
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Can Snap's Top-Line Follow In Facebook's Footsteps?
Wednesday, March 1, 2017 - 11:07am | 296Snap, Inc., the parent company of Snapchat, is in the very final stages of gearing up for its initial public offering. Snap has a lot riding on its shoulders as its IPO will likely be compared to some of its social media peers. Moreover, the IPO comes at a time when Facebook Inc's (NASDAQ: FB)...
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Here's What The Pros Are Saying About Snap
Tuesday, February 28, 2017 - 5:02pm | 299Snap Inc., the parent company of the social media app Snapchat, will become a publicly traded company this week. Josh Elman, a partner at Greylock Partners and expert on Snap's business, was a guest on CNBC on Tuesday. He noted kids are engaging with parents and even grandparents on the...
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Snap Inc's Revenue Model, Explained
Monday, February 27, 2017 - 6:06pm | 300Snap, Inc., the parent company of the social media app Snapchat, is being heavily scrutinized by many analysts and investors who are quick to point out the company's continued losses and declining user base. But flying behind the radar is the fact that Snap's revenue is growing and expected...
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Gadfly's Shira Ovide Warns Snap Investors: Buying The IPO Is 'An Act Of Lunacy'
Thursday, February 23, 2017 - 2:44pm | 471Snap, the parent company of the social media platform Snpachat, will begin listing its shares on the New York Stock Exchange next week. To some investors buying into the IPO gives investors access to a rapidly growing social media empire that is beloved by the coveted millennial demographic....
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Pro: Snap's Numbers 'Don't Look Pretty'
Wednesday, February 22, 2017 - 1:00pm | 267Aspect Ventures' co-founder Theresia Gouw was a guest on CNBC's "Squawk Box" segment on Wednesday to offer her expert take on Snap's upcoming IPO. Snap, the parent company of the Snapchat social media app, has one key metric working in its favor, namely the 2.5 billion daily "Snaps." According to...
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Analyst: Twitter Is A $10 Stock, Social Media Is An 'Anti-Trend'
Thursday, February 9, 2017 - 11:47am | 492Trip Chowdhry of Global Equities Research has been quite vocal his bearish thesis on Twitter Inc (NYSE: TWTR). On August 10, 2015, the analyst suggested Twitter's stock would fall to a range of $15 to $18 over the next 12 months and investors should sell their holdings on any strength. At that...
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More Money, More Problems? Snapchat's Losses Have Widened As Its Sales Have Grown
Friday, February 3, 2017 - 11:11am | 336After much anticipation, Snap, the parent company of the social media platform Snapchat, filed its initial public offering (IPO) registration form with the U.S. Securities and Exchange Commission Thursday. Although Snap's IPO is much anticipate, it isn't being universally cheered on by the Street....
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Is Snap Lying About Its Growth? An Ex-Employee Thinks So
Friday, January 6, 2017 - 4:02pm | 295Snap, the parent company of the wildly popular Snapchat social media platform, is lying about its growth rate — at least according to a former employee who is suing the company. According to Recode, Anthony Pompliano joined Snap in 2015 after leaving Facebook Inc (NASDAQ: FB). He was tasked...
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Snap's Pitch To Investors: We're More Like Apple And Facebook, Less Like Twitter
Thursday, December 29, 2016 - 2:15pm | 356Snap Inc., the parent company of the social media platform Snapchat, will see its stock trade on a public exchange for the first time next year. The company's pitch to investors appears to be easy enough: Snap is one part Apple Inc. (NASDAQ: AAPL), one part Facebook Inc (NASDAQ: FB) and zero parts...
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Will Tech Stocks Be Winners In 2017?
Wednesday, December 28, 2016 - 11:54am | 349James Cakmak is an equity analyst with Monness, Crespi, Hardt & Co. and was a guest on CNBC on Tuesday to discuss which technology stocks will be winners in 2017. Twitter Cakmak said that he wants to be positive on Twitter Inc (NYSE: TWTR), but it is becoming more difficult to defend the...
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What We Know (And Don't Know) About Snap's IPO
Wednesday, November 16, 2016 - 5:21pm | 265Snapchat's parent company, Snap, filed for an initial public offering, but details are still scarce. Cherlynn Low, Engadget's reviews editor, was interviewed by CNBC and offered her inside knowledge over what we know and don't know. Low stated that Snap is not yet ready to fully...